Oil and Gas
McDermott secures EPCI contract for offshore gas in Trinidad and Tobago
McDermott is leading the development of the Manatee gas field with a key EPCI contract in Trinidad and Tobago.
Oil and gas remain fundamental pillars of the global energy system. This category features news covering exploration activities, production developments, strategic investments, and major projects related to the hydrocarbon industry across different regions of the world.
Coverage includes new resource discoveries, expansion of production operations, partnerships between energy companies, and technological advancements supporting exploration and hydrocarbon development. News also highlights market dynamics, corporate strategies, infrastructure projects, and industry initiatives influencing the global supply of oil and natural gas.
Stories in this category reflect how the sector continues to evolve in response to energy demand, technological innovation, and the broader energy transition, while maintaining a central role in the global energy landscape.
Latest Oil and Gas News
Oil and Gas
Seatrium delivered Vali, its fourth self-elevating rig to Borr Drilling
The Vali platform was delivered almost a year ahead of schedule, an unusual feat in the offshore platform construction industry.
Oil and Gas
Ecopetrol withdraws from $3.6 billion oil deal with OXY
This agreement could have generated more revenue than the entire GDP of some small Caribbean nations.
Oil and Gas
ExxonMobil announces seventh oil project in Guyana
The company presents its plans for this oil project offshore Guyana, increasing production capacity to more than 1.4 million bpd by 2029.
Oil and Gas
SBM Offshore secures FSO contract for Trion oil project with Woodside Energy in Gulf of Mexico
This agreement allows for the consolidation of the companies and the future Trion oil project in Mexican waters.
Oil and Gas
China completes and delivers largest oil rig to Saudi Aramco
This gigantic structure is recorded as the largest oil and gas platform built and delivered internationally in China.
Oil and Gas
Shell announces investment in water injection technology in Gulf of Mexico’s Vito field
The company makes the final investment decision on a project, the Vito field, Gulf of Mexico, to improve oil recovery and reduce the carbon…
Oil and Gas
Halliburton secures offshore well intervention and plugging contract in Brazil
The company will provide services including fluids, completion equipment, cabling, steel line, backflow services and flexible piping.
Oil and Gas
New Fortress Energy announces Fast LNG design breakthrough with successful results
NFE has achieved the first LNG production with its Fast LNG asset and design to optimize fuel delivery.
Oil and Gas
OGDCL announces gas discovery at Chak 202-1 well in Punjab, Pakistan
This is the second consecutive gas discovery in the Mari East block, underscoring the region's energy potential.
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